Quick charity verification for Lanza Family Foundation Inc (EIN: 133922706)
Verdict: Lanza Family Foundation Inc appears trustworthy
90/100Mission Score
$20.7MRevenue
$28.3MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent asset growth, from $1.2M in 2012 to $26.6M in 2023.
Zero reported officer compensation, indicating high efficiency in executive overhead.
Minimal liabilities ($1 in recent filings), reflecting strong financial management.
Healthy financial position with revenues generally exceeding or supporting expenses over time.
Spending Breakdown
How Lanza Family Foundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Lanza Family Foundation Inc
Is Lanza Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lanza Family Foundation Inc (EIN: 133922706) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Lanza Family Foundation Inc a good charity to donate to?
Lanza Family Foundation Inc has a Mission Score of 90/100. Revenue: $20.7M. Assets: $28.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lanza Family Foundation Inc?
The Employer Identification Number (EIN) for Lanza Family Foundation Inc is 133922706. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Lanza Family Foundation Inc spend its money?
Lanza Family Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lanza Family Foundation Inc's tax-exempt status?
You can verify Lanza Family Foundation Inc's tax-exempt status using EIN 133922706 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Lanza Family Foundation Inc. demonstrates strong financial health, primarily operating as a grant-making private foundation. Its assets have shown consistent growth over the past decade, increasing from $1,259,296 in 2012 to $26,660,096 in 2023. The foundation consistently reports zero officer compensation, indicating a volunteer-led or externally managed structure, which contributes to high spending efficiency by minimizing administrative overhead related to executive salaries. For instance, in 2023, with revenues of $2,157,429 and expenses of $1,547,213, the foundation maintained a healthy financial position. The consistent reporting of minimal liabilities ($1 in recent years) also points to sound financial management and low financial risk. The foundation's primary function is to distribute grants, and its financial statements reflect this operational model.